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Aug 19, 2013
08/13
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. >>> it's been three years since president obama signed the dodd-frank financial reform bill into law. the president hat gotten back from his vacation and immediately met with regulators today to push to speed things up. john harwood at the white house with the details. john, what can you tell us? >> reporter: maria, the meeting just broke up, it lasted over an hour. i spoke with mary jo white, gary gensler, as they walked down the white house driveway out of the complex. their description matched what the administration had said going in. it was a pep rally by the president to encourage regulators to finish the work. fewer than half of all of the regulations have been drafted. mary jo white said top priority is the volcker rule. this is just one of the elements on the president's economic agenda this week. he's also going to be giving speeches in upstate new york later in the week to push his vision of a middle-out economic growth agenda. and the president also, of course, is going to be working on the selection of the next fed chairman. ben bernanke, who atoetended th meeting, this
. >>> it's been three years since president obama signed the dodd-frank financial reform bill into law. the president hat gotten back from his vacation and immediately met with regulators today to push to speed things up. john harwood at the white house with the details. john, what can you tell us? >> reporter: maria, the meeting just broke up, it lasted over an hour. i spoke with mary jo white, gary gensler, as they walked down the white house driveway out of the complex. their...
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Aug 20, 2013
08/13
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rodgers says president obama's tax hikes on the rich will hurt the middle class and the poor by killing jobs. it was a controversy -- controversial op ed, and now rodgers is here to explain it in person. that's coming up on the "closing bell." stay tuned. make it happen with the all-new fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. get 200 free trades when you start using active trader pro today. so you want to drive more safely? of smart. stop eating. take deep breaths. avoid bad weather. [ whispers ] get eight hours. ♪ [ shouts over music ] turn it down! and, of course, talk to farmers. hi. hi. ♪ we are farmers bum - pa - dum, bum - bum - bum - bum ♪ right now, 7 years of music is being streamed. a quarter million tweeters are tweeting. and 900 million dollars are changing hands online. that's why hp built a new kind of server. one that's 80% smaller. uses 89% less energy. and costs 77% less. it's called hp moonshot. and it's giving the internet the room it needs to grow. this&is gonna be big. hp moonshot. it's time to build
rodgers says president obama's tax hikes on the rich will hurt the middle class and the poor by killing jobs. it was a controversy -- controversial op ed, and now rodgers is here to explain it in person. that's coming up on the "closing bell." stay tuned. make it happen with the all-new fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. get 200 free trades when you start using active trader pro today. so you want to drive more safely?...
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Aug 30, 2013
08/13
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, if president obama, gives the order. i can tell you as soon as he does make that decision, those missiles could actually be ready to launch within minutes, maria. >> i'll pick it up from there. thank you very much for that. >> we're down only 24 points on the dow. only have 45 minutes left in this trading week, bill. at this stage the nasdaq in terms of percentage is the biggest loser. off 0.7 of 1%. >> secretary kerry making the president's plan for syria more clear up. saw it here on cnbc. >> it will not involve any boots on the ground. it will not be open-ended. and it will not assume responsibility for civil war that is already well under way. >> we'll have more on what the u.s. will do and maybe when it will do it after this break. [ male announcer ] it's time. time to have new experiences with a familiar keyboard. to update our status without opening an app. to have all our messages in one place. to browse... and share... faster than ever. ♪ it's time to do everything better than before. the new blackberry q10. i
, if president obama, gives the order. i can tell you as soon as he does make that decision, those missiles could actually be ready to launch within minutes, maria. >> i'll pick it up from there. thank you very much for that. >> we're down only 24 points on the dow. only have 45 minutes left in this trading week, bill. at this stage the nasdaq in terms of percentage is the biggest loser. off 0.7 of 1%. >> secretary kerry making the president's plan for syria more clear up. saw...
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Aug 26, 2013
08/13
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president obama has also been in close touch with leaders of our key allies and the president will be making an informed decision about how to respond to this indiscriminate use of chemical weapons. but make no mistake. president obama believes there must be accountability for those who would use the world's most heinous weapons against the world's most vulnerable people. nothing today is more serious and nothing is receiving more serious scrutiny. thank you. >> secretary of state kerry there with a forceful response to sir why's use of chemical weapons. the united states says it has undeniable evidence that it was used on citizens last week and the secretary pointed out that he had reviewed video from the aftermath of that attack last week and was struck as a human being and as a father by the video, mandy, of that father holding his young, dead child as a result of that attack. we welcome you now to "closing bell" for cnbc. >> we were just listening, of course, as secretary of state kerry and, you know, bill, it was heart wrenching, sol of the commentary he was making. of course, on
president obama has also been in close touch with leaders of our key allies and the president will be making an informed decision about how to respond to this indiscriminate use of chemical weapons. but make no mistake. president obama believes there must be accountability for those who would use the world's most heinous weapons against the world's most vulnerable people. nothing today is more serious and nothing is receiving more serious scrutiny. thank you. >> secretary of state kerry...
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Aug 27, 2013
08/13
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markets and the world are awaiting president obama's decision on what action he may tay in the light of syria using kem rchemical weapons. with the military so stretched, what are the president's options here? we have a rundown of what the military's resources are in the region. hi, jim. >> hi, kelly. appears the markets are making more of this than the white house and u.s. military officials. they say that any strikes against syrian targets would be limited. right now, they're only looking at four guided missile destroyers that are currently in the eastern med. and possibly two submarines. one u.s. and one british. that would launch cruise missiles at a select, limited number of targets in syria, that are related to the release of chemical weapons against the syrian civilians there, just a couple of weeks ago. now, according to officials, jay carney at the white house, the white house spokesman said, regime targets are not on the target list. there is no attempt to overthrow the syrian regime, and a short time ago, british prime minister cameron said that any response from the inter
markets and the world are awaiting president obama's decision on what action he may tay in the light of syria using kem rchemical weapons. with the military so stretched, what are the president's options here? we have a rundown of what the military's resources are in the region. hi, jim. >> hi, kelly. appears the markets are making more of this than the white house and u.s. military officials. they say that any strikes against syrian targets would be limited. right now, they're only...
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Aug 15, 2013
08/13
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president obama spoke as it reached 500. good evening, ayman. >> reporter: good evening, bill, for the second straight now the country is imposeing a curfew. this comes on the heels of another violent day in egypt. not like the one we saw yesterday, not in the death toll numbers, one that did see fatalities among both police and security forces here. it began this afternoon with protest marches, among those supporters of the ousted president who are participating in funeral marches and others across the country. in one instance, they approached the municipality building here in cairo. led to a confrontation with police that led them to fire tear gas to disperse the crowd. the interior ministry says they authorized live ammunition against protesters attacking buildings critical to the egyptian government. so it adds to the anxiety level, yesterday we saw that incredible death toll that continues to climb as people recover the bodies from the clashes. more importantly, there are accounts of egyptian soldiers in the sinai penin
president obama spoke as it reached 500. good evening, ayman. >> reporter: good evening, bill, for the second straight now the country is imposeing a curfew. this comes on the heels of another violent day in egypt. not like the one we saw yesterday, not in the death toll numbers, one that did see fatalities among both police and security forces here. it began this afternoon with protest marches, among those supporters of the ousted president who are participating in funeral marches and...
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Aug 28, 2013
08/13
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obama even alluded we may have over corrected. dodd-frank, i stand in line at the airport with senator dodd like you were talking to barney frank. there's been over correction to a serious problem and so we need to bring back to a balance. that's what this trade association banker association of america is trying do. we in the press are trying to get the word out. balance, balance, balance, don't over correct at this critical time where we need housing coming back strong. >> gentlemen, thank you very much. >> thank you. >>> president of nintendo joins us today. do you want to know who isn't a fan of what he does? colorado rockies first base coach. >> you play video games >> yeah. >> that's what the rest do, you come home from school you do your homework. >> that was so cute. >> we'll get reaction from nintendo's president and ask him what's behind a big price cut they announced. >>> up next, apple pay roll out a cheaper iphone at its highly-anticipated event next month. a smart move or a misstep. that sound bite was so cute at the
obama even alluded we may have over corrected. dodd-frank, i stand in line at the airport with senator dodd like you were talking to barney frank. there's been over correction to a serious problem and so we need to bring back to a balance. that's what this trade association banker association of america is trying do. we in the press are trying to get the word out. balance, balance, balance, don't over correct at this critical time where we need housing coming back strong. >> gentlemen,...
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Aug 22, 2013
08/13
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liz: president obama has been apprised of the situation. fox business has also confirmed that the fbi is aware of it as well as the securities and exchange commission. rich edson is right there in washington d.c. it's not very often that the folks inside the beltway are focusing on what we do on wall street, at least lately. they're looking at all the political ramifications of other things, but right now looks like this is the story, rich. >> reporter: right. and this demonstrates the seriousness of the issue, when you've got the president involved. they're on a bus trip right now in new york state and pennsylvania and making it a point to bring it up to the press that the chief of staff did brief president obama on this issue, reaching the highest levels of the government. and beneath the president you've got the treasury secretary, the head of the fsoc looking into this, he's on the west coast, the sec saying they convened a conference call as soon as they heard this had happened with the markets themselves and were on the call with them
liz: president obama has been apprised of the situation. fox business has also confirmed that the fbi is aware of it as well as the securities and exchange commission. rich edson is right there in washington d.c. it's not very often that the folks inside the beltway are focusing on what we do on wall street, at least lately. they're looking at all the political ramifications of other things, but right now looks like this is the story, rich. >> reporter: right. and this demonstrates the...
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is it ratings -- is it a pro-business move for the obama administration? we'll see. nicole, thank you very much. all right. we have to get to peter barnes because as we mentioned two years ago today, the u.s. got downgraded when it came to the credit rating, and there was a special reason for it. we raised the debt ceiling, but the impression on behalf of s&p, wrongly, if you look how the market performed since then, was simply that there were not enough cuts at the time. guess what? it's all coming to pass again. peter barnes in washington, d.c.. when does the clock run out? >> when does the clock run out, liz, did you say on the latest debt ceiling? liz: yeah, uh-huh. >> it already ran out back on may 18th, and it is -- but, as you know, the treasury is doing a special and extraordinary measure to stay under the debt ceiling by not funding federal pensions and pensions for federal employees, not using this foreign exchange fund that the treasury has, so for now, we won't -- we'll be able to pay -- the government can pay bills probably until after labor day, accordi
is it ratings -- is it a pro-business move for the obama administration? we'll see. nicole, thank you very much. all right. we have to get to peter barnes because as we mentioned two years ago today, the u.s. got downgraded when it came to the credit rating, and there was a special reason for it. we raised the debt ceiling, but the impression on behalf of s&p, wrongly, if you look how the market performed since then, was simply that there were not enough cuts at the time. guess what? it's...
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Aug 20, 2013
08/13
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the fact is, barack obama, president obama, says things that people buy into. he causes them to believe they're victims. he causes them to believe that if they confiscate even more money from wealthy americans they'll be better off. and they're voting for it. and as a consequence of that, many of them have been unemployed for a long time. so if we have yet another president -- we've had two of them back to back, george w. bush, republican, big spender, barack obama, democrat, big spender, it's not about liberals and conservatives, if we have yet another four or eight-year term of this thing, there'll be more people unemployed and we'll start looking like the european economies. at that point, somebody will wake up, somebody will say we have to fend for ourselves, like ronald reagan did when he got rid of jimmy carter, and then we can move forward. so i guess the answer is people kind of get what they vote for. and they're getting exactly what they voted for. now, for the last three terms, in our fourth term. >> yeah, well said. good to have you on the program,
the fact is, barack obama, president obama, says things that people buy into. he causes them to believe they're victims. he causes them to believe that if they confiscate even more money from wealthy americans they'll be better off. and they're voting for it. and as a consequence of that, many of them have been unemployed for a long time. so if we have yet another president -- we've had two of them back to back, george w. bush, republican, big spender, barack obama, democrat, big spender, it's...
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Aug 13, 2013
08/13
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important patents around cryptography, which is why the government was very nervous when president obama wanted to not use a blackberry, because blackberry is the most secure thing out there right now because of the patents. so all of the things you love will continue to live on. >> well, larry, colleen mentioned the i.p. if you remember, 12 months ago, roughly, blackberry hired jpmorgan to evaluate strategic alternatives. they weren't looking for a sale or jv at the time. they were trying to monetize the i.p., trying to license blackberry mass jer, which they've done. they were looking to do alternative strategies to shore up some of their cash and try to make some additional revenue streams. should they have done a full deal a year ago? what is the outlook if they couldn't even do those deals then? >> they should have done a deal then. i believe they held on thinking they were coming out with the bb-10 and the z-10 and it would do anything. people obviously don't like it that much, because they failed. they only have 2.9% -- under 3% of market share. so as much as we talk about people
important patents around cryptography, which is why the government was very nervous when president obama wanted to not use a blackberry, because blackberry is the most secure thing out there right now because of the patents. so all of the things you love will continue to live on. >> well, larry, colleen mentioned the i.p. if you remember, 12 months ago, roughly, blackberry hired jpmorgan to evaluate strategic alternatives. they weren't looking for a sale or jv at the time. they were...
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Aug 16, 2013
08/13
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to be the favorite among white house staffers and, of course, he worked very closely with president obama as the head of his economic council. i talked to one source today, pretty well informed as an outsider can be, who pegged the chances that larry summers will get this pick out 2 out of 3. of course, we've got to wait and see if that reflects the president's thinking, and we should find out in a few weeks, maria. >> that's terrific scoop, john. so you also have some news on the battle brewing over the debt ceiling, right? >> reporter: well, it could be related. you know, the republican leadership was burned by what happened in 2011 when the debt crisis hurt their party's reputation. they very much want to avoid a government shutdown, avoid a debt crisis. the administration believes that they want to do that, as well. the challenge will be how they bring along the republican base. it could be a contentious fall as we work out the continuing resolution, what happens to the sequester, what happens to the debt limit. and interestingly, the fed chair could play in that, because if you have
to be the favorite among white house staffers and, of course, he worked very closely with president obama as the head of his economic council. i talked to one source today, pretty well informed as an outsider can be, who pegged the chances that larry summers will get this pick out 2 out of 3. of course, we've got to wait and see if that reflects the president's thinking, and we should find out in a few weeks, maria. >> that's terrific scoop, john. so you also have some news on the battle...
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Aug 5, 2013
08/13
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that after the obama administration overturned an international trade ruling that said some sales of its older products should be banned because they infringe a samsung patent. facebook also working. that after the social network closed above its ipo price of $38 last week. analysts at piper jaffray, they raised their price target to $46 from $38. among earnings today, tyson foods rallying. after the meat processor beat expectations. the company also sees 2014 sales above average analysts' forecasts. wheren buffett's berkshire hathaway edging higher, posting second quarter profits that jumped 46%. at least three brokerages lifting their price targets on this one, including barclays and kbw. some names also in the red, though. the cboe. analysts at goldman say the stock looks fairly valued after the latest quarterly report, downgrade that stock to neutral. scott, back to you. >> josh, thank you so much. josh lipton. looking for growth? check out the latest numbers from the semiconductor industry association. chip sales soaring in june up more than 10% in the americas, and if you look
that after the obama administration overturned an international trade ruling that said some sales of its older products should be banned because they infringe a samsung patent. facebook also working. that after the social network closed above its ipo price of $38 last week. analysts at piper jaffray, they raised their price target to $46 from $38. among earnings today, tyson foods rallying. after the meat processor beat expectations. the company also sees 2014 sales above average analysts'...